Legal Manifestations of the Emergency in National Euro Crisis Law

29 Pages Posted: 27 May 2015

See all articles by Stephen Coutts

Stephen Coutts

European University Institute

Leticia Díez Sánchez

European University Institute - Department of Law (LAW)

Afroditi-Ioanna Marketou

European University Institute - Department of Law (LAW)

Leonardo Pierdominici

University of Bologna - Faculty of Law

Date Written: 2015

Abstract

Most constitutions foresee a 'state of emergency' associated with the existence of an armed conflict. Paradoxically, modern societies seem to be permanently confronted with genuine emergencies increasingly removed from the threat of actual, physical violence. The Eurozone crisis can be said to have accentuated this, as the immense pressures from financial markets have turned the control of public finances into a struggle for the survival of the affected States. The present paper explores the legal manifestations of emergency in the domestic law of Greece, Italy, Spain and Ireland. These countries have all been hit by the Eurozone crisis (albeit in different manners) and have had to accommodate external oversight in their crisis management. The adoption of emergency measures for tackling the economic upheavals has been diverse across the case studies, although all have in common the emergence of a prominent role for the executive in the aftermath of the Eurozone crisis.

Keywords: Constitutional law; Constitutional change; Eurozone crisis; Economic emergency; Emergency legislation

Suggested Citation

Coutts, Stephen and Díez Sánchez, Leticia and Marketou, Afroditi-Ioanna and Pierdominici, Leonardo, Legal Manifestations of the Emergency in National Euro Crisis Law (2015). EUI Department of Law Research Paper No. 2015/14, Available at SSRN: https://ssrn.com/abstract=2610657 or http://dx.doi.org/10.2139/ssrn.2610657

Stephen Coutts (Contact Author)

European University Institute ( email )

Via Bolognese 156 (Villa Salviati)
50-139 Firenze
ITALY

Leticia Díez Sánchez

European University Institute - Department of Law (LAW) ( email )

Via Bolognese 156 (Villa Salviati)
50-139 Firenze
ITALY

Afroditi-Ioanna Marketou

European University Institute - Department of Law (LAW) ( email )

Via Bolognese 156 (Villa Salviati)
50-139 Firenze
ITALY

Leonardo Pierdominici

University of Bologna - Faculty of Law

Italy

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